Want to buy a house? Detroit is affordable

The house was built in 1848 and renovated in 1870, on Porter Street near the Worker Row House in Corktown, a neighborhood in Detroit, on Thursday, July 5, 2018.(Photo: Cameron Pollack, Detroit Free Press)Buy Photo

The study looked at closing costs, real estate taxes, homeowners insurance and mortgage rates. Researchers then compared total housing costs to median income for cities in America with a population greater than 200,000.

Detroit's median annual income is more than $26,000. Total housing costs account for 23 percent of the median annual income, according to the study.